Shares of Starlink’s European rival Eutelsat have tripled. CEO says it can do the job in Ukraine.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 06 2025
0mins
Source: MarketWatch
Intensified Talks: Discussions among European leaders to find alternatives to Elon Musk’s Starlink satellite services in Ukraine have increased significantly over the past two weeks.
Eutelsat's Position: Eutelsat Communications' CEO, Eve Berneke, stated that they are actively exploring the possibility of replacing Starlink, particularly focusing on the large number of terminals currently used in Ukraine.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
